Market Overview:
The global bio fouling prevention coatings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for bio fouling prevention coatings from commercial vessels, fishing vessels, military vessels, recreational and leisure boats, and others. In terms of type, copper-based bio fouling prevention coatings are expected to dominate the market during the forecast period. However, silver-based bio fouling prevention coatings are projected to grow at a higher CAGR than copper-based bio fouling prevention coatings during the forecast period. In terms of application, commercial vessels are expected to account for a major share of the global market in 2018.
Product Definition:
Bio fouling prevention coatings are coatings that are applied to surfaces in order to prevent the adhesion and growth of microorganisms. The importance of bio fouling prevention coatings is that they can help to protect surfaces from degradation and corrosion, which can lead to a loss in efficiency or even failure.
Copper-Based Bio Fouling Prevention Coatings:
Copper-based bio fouling prevention coatings are used in the marine industry to prevent the growth of copper-sensitive bacteria such as Cupriavidus metallidurans and Pseudobutyrium monodispensum. These bacteria cause copper deficiency in fish and other aquatic organisms. Copper deficiency is known to be one of the most important factors that can affect a fish's ability to reproduce, grow, and develope physically.
Silver-Based Bio Fouling Prevention Coatings:
The global market for silver-based bio fouling prevention coatings is expected to witness significant growth over the forecast period. The primary factor responsible for this growth is increasing demand from agriculture and food processing industries. Silver based products are used in these industries as they provide excellent anti-biofouling protection to pipes, pumps, motors & bearings and other equipment used in water treatment plants, breweries & wineries among others.
Application Insights:
The commercial vessel application segment led the global bio fouling prevention coatings market and accounted for more than 45.0% share of the total revenue in 2017. The growth is attributed to rising demand from oil & gas industry, which is a major contributor to overall industrial development in countries such as Brazil, Russia, Saudi Arabia and UAE. In addition, factors such as increasing number of cruise ships across the world are expected to drive product demand over the forecast period.
Fishing vessels are anticipated to be one of the fastest-growing segments due to rapid expansion of fishing industry across various regions coupled with high utilization rates on existing vessels that have been subject to frequent repairs over past few years owing to economic conditions worldwide.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2017 owing to increasing shipbuilding activities and growing foreign investments in this sector. For instance, China’s Belt and Road initiative has led to an increase in infrastructure development activities across the Asia Pacific which is likely to boost product demand from construction applications.
The U.S., being one of the most lucrative markets for recreational boating, fishing vessels, and other watercraft has witnessed significant growth over past years with high demand from consumers across all income groups as well as increased participation by women within these sectors resulting into higher sales volumes every year since 2010 (U.S.).
Growth Factors:
- Increasing demand for water treatment and wastewater management
- Growing awareness about the harmful effects of biofouling
- Proliferation of maritime trade and increasing investments in port infrastructure
- Development of novel biofouling prevention coatings technologies
- Stringent environmental regulations to prevent marine pollution
Scope Of The Report
Report Attributes
Report Details
Report Title
Bio Fouling Prevention Coatings Market Research Report
By Type
Copper-Based Bio Fouling Prevention Coatings, Silver-Based Bio Fouling Prevention Coatings, Others
By Application
Commercial Vessel, Fishing Vessel, Military Vessel, Recreational and Leisure Boats, Others
By Companies
Extreme Coatings, Evonik Industries, AkzoNobel N.V., Sherwin-Williams, PPG Industries, Sea Hawk Paints, Axalta Coatings Systems, I-Tech AB
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Bio Fouling Prevention Coatings Market Report Segments:
The global Bio Fouling Prevention Coatings market is segmented on the basis of:
Types
Copper-Based Bio Fouling Prevention Coatings, Silver-Based Bio Fouling Prevention Coatings, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Vessel, Fishing Vessel, Military Vessel, Recreational and Leisure Boats, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Extreme Coatings
- Evonik Industries
- AkzoNobel N.V.
- Sherwin-Williams
- PPG Industries
- Sea Hawk Paints
- Axalta Coatings Systems
- I-Tech AB
Highlights of The Bio Fouling Prevention Coatings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Copper-Based Bio Fouling Prevention Coatings
- Silver-Based Bio Fouling Prevention Coatings
- Others
- By Application:
- Commercial Vessel
- Fishing Vessel
- Military Vessel
- Recreational and Leisure Boats
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bio Fouling Prevention Coatings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bio fouling prevention coatings are a type of coating that is applied to surfaces in order to reduce the amount of biofouling that occurs. Biofouling can occur when microorganisms attach themselves to a surface and start producing toxins which can cause damage or even loss of functionality within the system. By using a bio fouling prevention coating, it is possible to reduce or even eliminate the need for regular cleaning and maintenance activities related to the surface being coated.
Some of the major players in the bio fouling prevention coatings market are Extreme Coatings, Evonik Industries, AkzoNobel N.V., Sherwin-Williams, PPG Industries, Sea Hawk Paints, Axalta Coatings Systems, I-Tech AB.
The bio fouling prevention coatings market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bio Fouling Prevention Coatings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bio Fouling Prevention Coatings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bio Fouling Prevention Coatings Market - Supply Chain
4.5. Global Bio Fouling Prevention Coatings Market Forecast
4.5.1. Bio Fouling Prevention Coatings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bio Fouling Prevention Coatings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Bio Fouling Prevention Coatings Market Absolute $ Opportunity
5. Global Bio Fouling Prevention Coatings Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Bio Fouling Prevention Coatings Market Size and Volume Forecast by Type
5.3.1. Copper-Based Bio Fouling Prevention Coatings
5.3.2. Silver-Based Bio Fouling Prevention Coatings
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Bio Fouling Prevention Coatings Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Bio Fouling Prevention Coatings Market Size and Volume Forecast by Application
6.3.1. Commercial Vessel
6.3.2. Fishing Vessel
6.3.3. Military Vessel
6.3.4. Recreational and Leisure Boats
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Bio Fouling Prevention Coatings Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Bio Fouling Prevention Coatings Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Bio Fouling Prevention Coatings Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Bio Fouling Prevention Coatings Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Bio Fouling Prevention Coatings Demand Share Forecast, 2019-2026
9. North America Bio Fouling Prevention Coatings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Bio Fouling Prevention Coatings Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Bio Fouling Prevention Coatings Market Size and Volume Forecast by Application
9.4.1. Commercial Vessel
9.4.2. Fishing Vessel
9.4.3. Military Vessel
9.4.4. Recreational and Leisure Boats
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Bio Fouling Prevention Coatings Market Size and Volume Forecast by Type
9.7.1. Copper-Based Bio Fouling Prevention Coatings
9.7.2. Silver-Based Bio Fouling Prevention Coatings
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Bio Fouling Prevention Coatings Demand Share Forecast, 2019-2026
10. Latin America Bio Fouling Prevention Coatings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Bio Fouling Prevention Coatings Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Bio Fouling Prevention Coatings Market Size and Volume Forecast by Application
10.4.1. Commercial Vessel
10.4.2. Fishing Vessel
10.4.3. Military Vessel
10.4.4. Recreational and Leisure Boats
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Bio Fouling Prevention Coatings Market Size and Volume Forecast by Type
10.7.1. Copper-Based Bio Fouling Prevention Coatings
10.7.2. Silver-Based Bio Fouling Prevention Coatings
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Bio Fouling Prevention Coatings Demand Share Forecast, 2019-2026
11. Europe Bio Fouling Prevention Coatings Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Bio Fouling Prevention Coatings Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Bio Fouling Prevention Coatings Market Size and Volume Forecast by Application
11.4.1. Commercial Vessel
11.4.2. Fishing Vessel
11.4.3. Military Vessel
11.4.4. Recreational and Leisure Boats
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Bio Fouling Prevention Coatings Market Size and Volume Forecast by Type
11.7.1. Copper-Based Bio Fouling Prevention Coatings
11.7.2. Silver-Based Bio Fouling Prevention Coatings
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Bio Fouling Prevention Coatings Demand Share, 2019-2026
12. Asia Pacific Bio Fouling Prevention Coatings Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Bio Fouling Prevention Coatings Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Bio Fouling Prevention Coatings Market Size and Volume Forecast by Application
12.4.1. Commercial Vessel
12.4.2. Fishing Vessel
12.4.3. Military Vessel
12.4.4. Recreational and Leisure Boats
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Bio Fouling Prevention Coatings Market Size and Volume Forecast by Type
12.7.1. Copper-Based Bio Fouling Prevention Coatings
12.7.2. Silver-Based Bio Fouling Prevention Coatings
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Bio Fouling Prevention Coatings Demand Share, 2019-2026
13. Middle East & Africa Bio Fouling Prevention Coatings Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Bio Fouling Prevention Coatings Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Bio Fouling Prevention Coatings Market Size and Volume Forecast by Application
13.4.1. Commercial Vessel
13.4.2. Fishing Vessel
13.4.3. Military Vessel
13.4.4. Recreational and Leisure Boats
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Bio Fouling Prevention Coatings Market Size and Volume Forecast by Type
13.7.1. Copper-Based Bio Fouling Prevention Coatings
13.7.2. Silver-Based Bio Fouling Prevention Coatings
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Bio Fouling Prevention Coatings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Bio Fouling Prevention Coatings Market: Market Share Analysis
14.2. Bio Fouling Prevention Coatings Distributors and Customers
14.3. Bio Fouling Prevention Coatings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Extreme Coatings
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Evonik Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AkzoNobel N.V.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sherwin-Williams
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. PPG Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sea Hawk Paints
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Axalta Coatings Systems
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. I-Tech AB
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook